Hi, yesterday’s announcement does not mean Betolar’s delisting from First North, but rather bringing the share for trading also in the United States. Trading would henceforth take place concurrently on two markets: First North in euros and the OTCQX marketplace in dollars. This marketplace is specifically aimed at US investors for whom direct investment in Helsinki is difficult, so this does not require any action from Finnish investors.
The listing itself also does not mean raising new capital, but the move raises the company’s profile in the United States. I expect Betolar to need additional equity financing, but I still consider it likely that any potential financing will ultimately be sought from the Nordics.